There have been reports that India’s leading processor of crude oil, Adani Wilmar has received a huge amount of money from Anchor investors. According to sources, over Rs 940 crore was collected from the Government of Singapore, Monetary Authority of Singapore, Jupiter India Fund, HDFC Mutual Fund (MF), Societe Generale, Nippon India MF, and Aditya Birla Sun Life MF. These were the major investors in the company.
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Adani Wilmar owner
Who is Adani Wilmar owned by? Who owns Adani Wilmar? Adani Wilmar is owned by Gautam Adani.
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Why is Adani Wilmar rising?
Adani Wilmar saw a great improvement across all segments in the third quarter of 2022, as stated by the company in a BSE filing. The shares grew over 4% on Q3.
“This year, festivals and weddings were celebrated on a much larger scale, compared to the base quarter, which got impacted by the lingering covid effect. We also benefited from a stronger out-of-home (OOH) consumption,” the company stated.
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